Mumbai property tax
Under the new capital value-based system property taxes are likely to go up in south Mumbai, while residents in the suburbs may get some relief from the current property tax levels.The new system was announced on 1st April 2010, but has not been enforced as the tax rate has not been fixed yet. The civic [...] Continue Reading »
The Brihanmumbai Municipal Corporation (BMC) has increased the period of making suggestions and objections in connection with the proposed circular of evaluation of the new property tax system by a month. The property tax will be computed on the basis of capital-value system. Earlier, property tax was computed on the basis of rent paid by [...] Continue Reading »
